Euroseas to spin off three older boxships into new US-listed vehicle

Nasdaq-listed Greek containership owner Euroseas has revealed plans to spin off three of its oldest vessels into a separate publicly listed company. The Aristides Pittas-led tonnage provider with 27 ships on fully delivered basis will place the 1997-built Aegean Express, the 1998-built 2008 teu Diamantis P, and the 1999-built 1732 teu Joanna into Euroholdings in …